Collector

SCU Credit Union•Brockton, MA

10d•$25 - $30•Onsite

About The Position

SCU Credit Union, an Equal Opportunity Employer, whose mission is to provide a full range of financial services to our members at competitive rates while emphasizing financial soundness, convenience and efficient friendly service. At the same time, we maintain a challenging, rewarding and enriching environment for all employees. SUMMARY: The individual shall perform the daily essential duties as scheduled on-site. Collector I specialists are responsible for resolving overdue loans and collecting payments from our members or businesses members responsible for the overdue debt. Individual works to locate those responsible for unpaid bills and set up acceptable terms of repayment to protect the financial assets of Sharon & Crescent United Credit Union. ESSENTIAL DUTIES AND RESPONSIBILITIES Assignment, suspension and maintaining collection queues for unsecured consumer loans considered for transfer to outside agency. Solicit payment arrangements for past due real estate, consumer, and commercial loans. Maintain follow up of all payment arrangements. Skip tracing investigation - locate members and collateral when applicable. Responsible for daily filing of all collection related documents. Research and corrections of posted payments when applicable. Prepare charged off loan files when applicable. Post payments when applicable. Cross sell ACH/OLB/Auto transfer. Repossession to include: Document preparation for 21day default notice of repossession. Preparing and rendering 21-day letters when necessary.

Requirements

Prior lending/collection experience with a financial institution helpful.
Typing skill and computer literate a must.
Good interpersonal and telephone skills.
Strong organizational skills.
Must be self- motivated.
Must have a strict adherence to deadlines
Must be a team player and willing to learn.
High School diploma

Responsibilities

Assignment, suspension and maintaining collection queues for unsecured consumer loans considered for transfer to outside agency.
Solicit payment arrangements for past due real estate, consumer, and commercial loans.
Maintain follow up of all payment arrangements.
Skip tracing investigation - locate members and collateral when applicable.
Responsible for daily filing of all collection related documents.
Research and corrections of posted payments when applicable.
Prepare charged off loan files when applicable.
Post payments when applicable.
Cross sell ACH/OLB/Auto transfer.
Document preparation for 21day default notice of repossession.
Preparing and rendering 21-day letters when necessary.